QUALCOMM Incorporated (QCOM)
Market Cap | 186.60B |
Revenue (ttm) | 36.29B |
Net Income (ttm) | 7.76B |
Shares Out | 1.12B |
EPS (ttm) | 6.90 |
PE Ratio | 24.19 |
Forward PE | 16.79 |
Dividend | $3.20 (1.92%) |
Ex-Dividend Date | Feb 28, 2024 |
Volume | 6,588,571 |
Open | 170.91 |
Previous Close | 167.20 |
Day's Range | 166.35 - 171.46 |
52-Week Range | 101.47 - 177.59 |
Beta | 1.41 |
Analysts | Buy |
Price Target | 147.10 (-11.87%) |
Earnings Date | May 1, 2024 |
About QCOM
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products. The QTL segment grants lice... [Read more]
Financial Performance
In 2023, QUALCOMM's revenue was $35.82 billion, a decrease of -18.96% compared to the previous year's $44.20 billion. Earnings were $7.23 billion, a decrease of -44.09%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for QCOM stock is "Buy." The 12-month stock price forecast is $147.1, which is a decrease of -11.87% from the latest price.
News
OMNIVISION Announces Automotive Image Sensor with TheiaCel™ Technology Now Compatible with Qualcomm's Snapdragon® Digital Chassis™
SANTA CLARA, Calif.--(BUSINESS WIRE)-- #InfiniteIngenuity--OMNIVISION, a leading global developer of semiconductor solutions, including advanced digital imaging, analog and touch & display technology,...
Cerebras Selects Qualcomm to Deliver Unprecedented Performance in AI Inference
SUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, a pioneer in accelerating generative artificial intelligence (AI), today announced the company's plans to deliver groundbreaking performance and v...
‘There is a battle looming in 2024': Qualcomm wants to become ‘the Nvidia of AI' on your smartphone and computer
In the world of artificial intelligence and the computing infrastructure that powers AI, there is only one king: Nvidia NVDA, -5.55%.
Qualcomm raises dividend, boosting stock's yield above 2%
Qualcomm Inc. said Tuesday that it will raise its quarterly dividend, enough to make the semiconductor company's stock one of the few in the technology sector to yield more than 2%.
Qualcomm Increases Quarterly Cash Dividend
SAN DIEGO--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has approved an increase in the Company's quarterly cash dividend from $0.80 to $0.85 per s...
U.S.-China tensions over Taiwan threaten to derail Nvidia and other tech giants
The concentration of advanced semiconductor manufacturing in Taiwan has raised fears in the United States about the vulnerability of this supply chain should China blockade or invade the island. The U...
Court says EU must pay a fraction of legal fees sought by Qualcomm
Europe's second highest court has said EU regulators should pay 785,857.54 euros ($851,634) of legal fees for Qualcomm , less than 90% of the 12 million euros sought by the U.S. chipmaker after it won...
US logistics firm Airspace expands in Asia, partners with Qualcomm
Airspace Technologies, a U.S. logistics startup that specializes in transporting time-sensitive cargo, on Thursday said it is expanding operations in Asia and working with Qualcomm and other semicondu...
'We are starting to see the AI revolution' on mobiles, says Qualcomm CEO
Cristiano Amon ,CEO of Qualcomm, discusses AI and the mobile phone industry with CNBC.
AI's Next Phase With Qualcomm CEO Cristiano Amon
Qualcomm CEO Cristiano Amon discusses the company's role in the future of AI, how the industry can benefit from AI-powered devices, and the need to do business in both the US and China.
Final Trades: JPMorgan Chase, Steel Dynamics, Qualcomm and URNM
Today's ‘Halftime Report' Investment Committee, Bryn Talkington, Joe Terranova, Jim Lebenthal and Josh Brown, give their top picks to watch for the second half.
Qualcomm will be 'at forefront' of AI device deployment: CFO
Semiconductor designer Qualcomm (QCOM) showcased its latest generation of chips and AI models for mobile devices at the 2024 World Mobile Congress in Barcelona, Spain. Qualcomm CFO and COO Akash Palkh...
Spectricity Announces Collaboration with Qualcomm to Bring Spectral Imaging to Next Generation Smartphones, Unlocking Accurate Color and Seeing Beyond What's Visible
BARCELONA, Spain--(BUSINESS WIRE)--Spectricity and Qualcomm announce collaboration to bring spectral imaging to mobile devices.
Qualcomm Makes Its AI Stock Pitch, and Other Technology News Today
Qualcomm wants to be the next chip maker to get an AI boost. It's making it easier for developers to get access to AI models optimized for smartphones and other devices.
HARMAN Works With Qualcomm to Drive Automotive Innovation with New Ready Connect 5G TCU for Connected Cars
BARCELONA, Spain--(BUSINESS WIRE)--HARMAN, a global leader in connected vehicle solutions, today announced the launch of the HARMAN Ready Connect 5G Telematics Control Unit (TCU), leveraging state-of-...
Stocks This Week: Buy Qualcomm And Nordson
Thus far in 2024, all stock market lights are flashing green. January was up, and there has been a string of consecutive up months.
Mavenir and Qualcomm to Accelerate 5G High-Density Open vRAN Deployments
BARCELONA, Spain--(BUSINESS WIRE)-- #5G--Mavenir and Qualcomm collaborate towards leveraging the Qualcomm® X100 5G RAN Accelerator Card and Mavenir's Open vRAN solution.
Mavenir Unveils Next-Generation ‘Green by Design' OpenBeam™ Massive MIMO Radio Powered by Qualcomm® 5G RAN Platforms
BARCELONA, Spain--(BUSINESS WIRE)-- #MWC24--Introducing Mavenir's Next Gen OpenBeam massive MIMO - lean design, energy efficient with built-in intelligence and automation.
Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of $189?
Qualcomm stock currently trades at $153 per share, roughly 20% below its pre-inflation shock high of $189, seen in December 2021, and has the potential for meaningful gains. QCOM saw its stock trading...
Qualcomm Chip Share Inside iPhones Is Still Strong, Says Analyst
Piper Sandler analyst Harsh Kumar wrote “the 2024 iPhone is
Qualcomm CFO discusses Q1 earnings, phones, pcs, and growth
Qualcomm (QCOM) posted its first-quarter earnings results, revealing a quarterly revenue of $9.94 billion, $6.69 billion of which came from its handsets division, a 16% increase year-over-year. Despit...
Qualcomm CEO Sees No Chip Inventory Issue
Qualcomm Inc. Executive Officer Cristiano Amon says there are no worries about chip inventory. He says the handset market is no longer dealing with a glut.
Qualcomm Q1 earnings beat estimates, analyst breaks down results
Qualcomm (QCOM) posted its first-quarter results after the market close on Wednesday, reporting revenue of $9.94 billion and earnings of $2.75 per share, beating Wall Street estimates. The company del...
Cramer's Mad Dash: Qualcomm
CNBC's Jim Cramer delivers his daily Mad Dash.
Qualcomm CEO talks its Q1 earnings beat and strong guidance
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.